The rent prices in real estate in Orange, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Orange has risen during the last 6 months. In February, the average price per sq.feet was $2.34. In March this price barely changed remaining at $2.43 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.38 to $2.47 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.43 to $2.48 during June y July
When referring to the price in Orange (cities), this has fallen in the last 6 months. In our first sample month during February, the average price is $2,421. In March This price remains at $2,342. During the following two months (April, May) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,310.25 and $2,308 between June and July.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,347 they are 18 % more affordable than the average price for Orange . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,139.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.12 / sq.feet, with an average $2.5 / sq.feet price in Orange. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.45 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,347 it is 7 % more affordable than the average price in Orange. "Condo" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of $3,963 it is 96 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.25 / sq.feet followed by "Apartment" priced at $2.53 / sq.feet. "Townhouse" is the most expensive type of property with a $90 / sq.feet value followed by "Condo" with an average price of $54 / sq.feet.